Income Tax 2013

Jul 22, 2014 at 12:00 | Source:
Asian Paints gained more than 2 percent ahead of Q1 earnings. According to CNBC-TV18 poll estimates, analysts expect consolidated profit after tax to rise 20.9 percent on yearly basis to Rs 333 crore and total income to grow 18.2 percent to Rs 3,330 crore during the quarter.
Jul 22, 2014 at 10:22 | Source: CNBC-TV18
According to CNBC-TV18 poll estimates, analysts expect profit after tax to increase 2.2 percent to Rs 179 crore in June quarter from Rs 175 crore and net interest income may jump 12.6 percent on yearly basis to Rs 479 crore in the quarter gone by.
Jul 21, 2014 at 12:26 | Source: PTI
The government estimates to garner Rs 13.64 lakh crore from both direct and indirect tax collection during the current fiscal. During 2013-14, tax collection fell short of target by a whopping Rs 77,000 crore.
Jul 20, 2014 at 17:37 | Source: PTI
It said that Rs 62,543 crore was pending at the end of March 2011, Rs 70,572 crore at the end of March 2012 and Rs 1,02,581 crore at the end of March 2013.
Jul 19, 2014 at 11:29 | Source:
Equity Mutual Funds NAVs closed in green as the markets gained for the fourth consecutive session with the Nifty closing above 7650 level despite weak global cues on geo-political tensions.
Jul 18, 2014 at 20:29 | Source:
Supreme Petrochem at its meeting held on July 18, 2014, has transacted the recommended dividend of Rs. 1.50 per share for the year 2013-2014 on equity shares entailing an outgo of Rs. 1693.54 lacs including dividend distribution tax.
Jul 17, 2014 at 20:14 | Source: PTI
These InvITs can be listed on the stock exchanges, will get tax benefits and will invest the funds collected from investors in infrastructure projects, including PPP.
Jul 17, 2014 at 16:06 | Source:
The Income tax exemption limit has gone up from Rs.2 Lakhs to Rs.2.5 Lakhs, for those below 60 years and the exemption limit has moved to Rs.3 Lakhs from Rs.2.5 Lakhs for Senior citizens.
Jul 17, 2014 at 16:03 | Source:
By allowing additional tax benefit of Rs. 50000 under Section 80C of Income Tax Act and enhancing PPF investment limit to Rs.1.5 lakhs, the budget has given a clear message to the common investor which is if you have additional Rs. 50000 to be invested, please put this money in PPF.
Jul 17, 2014 at 11:08 | Source:
In 5,327 surveys conducted in FY14, the I-T department has unearthed undisclosed income worth Rs 10,791.63 crore and unreported income of Rs 90,390.71 crore, official data suggests.
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